Houston Apartment Owner Loses 3,200 Units to Foreclosure as Multifamily Feels the Heat

Wall Street Journal, Apr. 11, 2023–Will Parker, Konrad Putzier (subscription)
Applesway, an apartment-building investor, lost four Houston complexes to foreclosure last week, the latest sign that surging interest rates are beginning to upend the multitrillion-dollar rental-housing market.
https://www.wsj.com/articles/houston-apartment-owner-loses-3-200-units-to-foreclosure-as-multifamily-feels-the-heat-fb3d0e75?mod=hp_lead_pos10